Explain The Ten Steps In Strategic Plan

The ten steps in strategic plan are (Jerald, Greenberg, 2013):

1. define goals

2. define the scope of products or services

3. Assess internal resources

4. Assess external environment

5. Analyze internal arrangements

6. Assess competitive advantage

7. develop a competitive strategy

8. communicate the strategy to stakeholders

9. implement the strategy

10. Evaluate the outcome

1. How easy or difficult was it for you to develop this strategic plan? What would have made the process easier or more effective?

The accomplishment of any task such as coaching a football team or running a small business can be made easy or difficulty depending on the strategic plan. My initial strategic plant will be to accurately assess where the business is, conduct external and internal audits to get a clear understanding of the marketplace, the competitive environment, and my organization’s competencies.

Once the organization’s competencies have been assessed, the strategic plan will incorporate the process to update the utility software of my firm so that it becomes compatible with the new operating system from Microsoft. Successful implementation of the planned strategies would be set into action by avoiding common implementation mistakes, reach out every stakeholder, measure progress and properly monitor the

The strategic plan must involve all employees in the organization. I will communicate through the human resource department to find out what skills every employee has. In addition, I will meet with the financial and budgeting department to determine whether the organization can add additional personal if necessary to implement the strategic plan. Once the internal assessment has be done and the necessary skills have been determined, effective communication with constructive feedback to ensure that the plan is allied with the business